Blog | G5 Cyber Security

Fraudsters Steal Bitcoins in Instawallet Cyber-Attack

Bitcoin service Instawallet has been hacked by fraudsters. The storing service didn`t say how many bitcoins were stolen. The company also suspended the service indefinitely and plans to develop a new architecture. Bitcoin is an experimental virtual currency that enables instant payments to anyone in the world. It uses peer-to-peer technology and doesn`t operate with any central payment authority. Users have recently shown an ongoing interest for the virtual currency, increasing the value of a bitcoin to over US$140.”]

Source: https://www.bitdefender.com/blog/hotforsecurity/fraudsters-steal-bitcoins-in-instawallet-cyber-attack/

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